FRANKFURT (Reuters) – Two years into the job as Deutsche Bank’s chief executive, John Cryan faces its board this week amid growing investor frustration over the speed of his turnaround plans.
WASHINGTON/NEW YORK (Reuters) – New York’s governor announced plans on Monday to require all credit reporting agencies to register with the state, while federal authorities reportedly opened a criminal probe into Equifax Inc executives’ stock sales be…
(Reuters) – Wall Street hit new life highs after open on Monday lifted by industrials and financials stocks as tensions eased on the Korean peninsula and focus shifted to the Federal Reserve’s meeting.
MILAN (Reuters) – Two of Italy’s biggest coffee houses are reinforcing their brands with flagship cafes in Milan near the spot where U.S. rival Starbucks is set to begin an invasion next year.
(Reuters) – Cisco Systems Inc said on Monday that Executive Chairman John Chambers would not seek re-election after his term expires in December.
(Reuters) – Canada’s Unifor union said its members at General Motors Co’s CAMI auto assembly plant in Ingersoll, Ontario, went on strike as of late Sunday evening after talks on a tentative agreement with the automaker failed.
(Reuters) – U.S. employers are bracing for higher health care expenses in 2018 as spending on new drugs to treat diseases such as cancer, multiple sclerosis and hepatitis C is expected to rise more than 7 percent, according to consultancy firm Mercer.
(Reuters) – U.S. defense contractor Northrop Grumman Corp said on Monday it would buy Orbital ATK Inc for about $7.8 billion in a deal that gives it greater access to lucrative government contracts and expands its arsenal of missile defense systems a…
(Reuters) – U.S. stock index futures were higher on Monday, indicating a continuation of last week’s winning streak, as investor appetite for riskier assets increased on easing tensions on the Korean peninsula and ahead of Federal Reserve’s rate-settin…
(Reuters) – Walgreens Boots Alliance Inc is set to revise its agreement to buy some Rite Aid Corp stores, a move that may be enough for the drugstore chain operator to resolve outstanding antitrust concerns, Bloomberg reported.
NEW YORK (Reuters) – A former high-ranking HSBC Holdings Plc executive from Britain on Monday will become the first person to go to trial on charges stemming from a U.S. probe into foreign exchange rate manipulation.
GENEVA (Reuters) – The United States has appealed a ruling by the World Trade Organization which said it had not withdrawn a tax break for Boeing Co as required, a U.S. filing published by the global trade body showed on Monday.
VIENNA (Reuters) – Airbus has filed a legal submission to Austrian prosecutors denying any wrongdoing in response to allegations of fraud and wilful deception linked to a $2 billion fighter deal.
BEIJING (Reuters) – China’s commerce ministry on Monday uneveiled a four-month crackdown, running from September until the end of 2017, to protect the intellectual property rights of companies with foreign investors.
PRETORIA (Reuters) – South Africa’s Revenue Service (SARS) will launch legal proceedings against KPMG due to reputational damage caused by the auditor releasing details of a confidential report it produced for the tax agency, commissioner Tom Moyane sa…
LONDON (Reuters) – World stocks hit a record high on Monday and the dollar reached an eight-week peak against the yen on expectations that the U.S. Federal Reserve will this week announce trimming of its balance sheet, part of a reversal of cheap money…
BEIJING (Reuters) – China expressed concern on Monday over a proposal by European Commission chief Jean-Claude Juncker to limit its ability to buy up European companies in the infrastructure, hi-tech manufacturing and energy industries.
BEIJING (Reuters) – China’s Ministry of Commerce said on Monday that the European Union’s decision to lower the minimum price for imported Chinese solar panels is a “positive step” for market normalization.
(Reuters) – Lloyd’s of London underwriter Hiscox Ltd said it estimates net claims of about $150 million (110.3 million pounds) based on an insured market loss of $25 billion from Hurricane Harvey, which lashed Texas in the last week of August.
NEW YORK/SAN FRANCISCO (Reuters) – The U.S. Federal Reserve is set on Wednesday to announce the start of a plan to trim its $4.5-trillion portfolio of assets, much of it amassed in response to the 2007-2009 financial collapse, marking another milestone…
(Reuters) – Canada’s Unifor union said its members at General Motors Co’s CAMI auto assembly plant in Ingersoll, Ontario are on a strike from 1059 pm local time Sept. 17 as it failed to reach a tentative agreement with the automaker.
(Reuters) – Software startup Slack Technologies Inc said it raised $250 million from SoftBank Group Corp and other investors in its latest funding round, boosting the company’s valuation to $5.1 billion.
SYDNEY (Reuters) – Two Australian media moguls have lost a court challenge to CBS Corp’s planned buyout of bankrupt television broadcaster Ten Network Holdings Ltd , giving the U.S. media giant a strong upper hand ahead of a creditor vote on Tuesday.
SYDNEY (Reuters) – Asian shares hit decade highs on Monday and the dollar gained on the yen early in a week in which the U.S. Federal Reserve is likely to wrestle with its bloated balance sheet as part of a long reversal of super-cheap money worldwide….
BEIJING (Reuters) – China will strengthen its supervision of overseas investment risks and capital flows from insurance funds, the insurance regulator said on Monday, adding that it will urge companies to improve their risk monitoring systems.